Tenon Medical, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $3.9M | $3.3M | $2.9M | $691,000 | $160,000 |
| Gross profit | $2.4M | $1.7M | $1.2M | -$641,000 | $105,000 |
| Operating income | -$12.8M | -$13.8M | -$15.7M | -$18.7M | -$6.5M |
| Operating expenses | $15.2M | $15.5M | $17.0M | $18.1M | $6.6M |
| Cost of revenue | $1.6M | $1.6M | $1.7M | $1.3M | $55,000 |
| Cash from operations | -$10.7M | -$9.9M | -$12.2M | -$12.0M | -$4.3M |
| Capital expenditure | $273,000 | $186,000 | $361,000 | $847,000 | $102,000 |
| Free cash flow | -$11.0M | -$10.1M | -$12.5M | -$12.9M | -$4.4M |
| Total assets | $10.8M | $9.8M | $6.3M | $11.1M | $9.3M |
| Total liabilities | $5.7M | $3.9M | $5.6M | $4.8M | $16.2M |
Shares outstanding 11.6M · Free float 60.7%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.